The ZK project Succinct announces the launch of its native Token PROVE.

According to Gate News bot and a report by TheBlock, the zk-SNARKs project Succinct has announced the issuance of its native Token PROVE, which will serve as the core asset of its decentralized zk-SNARKs network based on Ethereum.

The Succinct network is currently running the second phase of its testnet and plans to enter phase 2.5 in preparation for the mainnet launch. Previously, Succinct Labs secured $55 million in Series A funding led by Paradigm in 2024.

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